Sign-o-the-Times: Geithner Rents Home Out

Is this not ironic?

Treasury Secretary Timothy Geithner is renting his home in Westchester County, New York, for $7,500 a month after failing to find a buyer, according to data on the Westchester-Putnam Multiple Listing Service Inc.

Geithner, 47, was trying to sell the brick and stucco Tudor-style home, the listing shows. The house on Maple Hill Drive has five bedrooms, about 3,600 square feet, and an eat-in kitchen with Siematic cabinetry and black granite countertops.

“Careful attention has been paid to the design of every feature of this sophisticated home,” according to the listing.

The home was marketed in February for $1.635 million, according to Scott Stiefvater, president of Stiefvater Real Estate in Pelham, New York. The price was reduced to $1.575 million in May, he said.

Too funny!

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Source:
Geithner Rents Westchester Home After Failing to Sell
Brian Louis
Bloomberg, June 3 2009
http://www.bloomberg.com/apps/news?pid=20601093&sid=aJb6RpM.jY.w

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